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Bank of America Layoffs

BofA Speeds Up Massive Layoffs

Reuters | Posted 09.20.2012 | Business

(Reuters) - Bank of America Corp is planning to cut 16,000 jobs by year end as it speeds up a company-wide cost-cutting initiative amid declining reve...

Big Bank Plans To Lay Off Thousands

The Huffington Post | Bonnie Kavoussi | Posted 05.01.2012 | Business

Occupy Wall Street protests are the least of Bank of America's problems. The bank is starting to lay off its more profitable employees. On Tuesday,...

More Than One-Third Of Layoffs At One Big Bank To Hit NYC

Posted 12.27.2011 | Business

More than one-third of job cuts at Morgan Stanley will likely hit workers in New York City. Nearly 600 of the 1,600 job cuts that Morgan Stanley a...

As Layoffs Loom, BofA Employees Flooding Rival Banks With Resumes

Posted 01.02.2012 | Business

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp employees are flooding rival companies with resumes as a major cost-cutting program get...

Bank Of America To Cut 30,000 Jobs As Part Of Restructuring Plan (VIDEO)

AP | PALLAVI GOGOI | Posted 11.12.2011 | Business

NEW YORK -- Bank of America will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The cost-cutting drive is part of...

Bank Of America Considers Slashing Roughly 40,000 Jobs

Posted 11.09.2011 | Business

Bank of America Corp officials have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal said,...

Bank Of America To Ax 3,500 Jobs By September

AP | CHRISTINA REXRODE | Posted 10.18.2011 | Business

NEW YORK — Bank of America Corp. is cutting 3,500 jobs, the latest sign that the banking industry is becoming smaller, simpler and less profitab...

David Rudis Out As Bank Of America's Illinois Chief

Crain's Chicago Business | Steve Daniels | Posted 05.25.2011 | Chicago

David Rudis, Illinois president of Bank of America Corp., is leaving the bank. Mr. Rudis, a longtime LaSalle Bank executive and one of the last senio...

Bank Of America To Cut Up To 35,000 Jobs

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Bank of America Corp. said Thursday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating ec...

Bank Of America To Lay Off 2,500

AP Via USA Today | Posted 05.25.2011 | Business

Bank of America (BAC) will lay off about 2,500 employees in Illinois over the next two years as part of its planned $21 billion purchase of Chicago's ...